Vodafone Idea's long term viability remains under cloud, despite near-term liquidity support: Report
• 5 years agoThe $200 million fund infusion by British telecom giant Vodafone offers near-term liquidity support to Vodafone Idea, but longer-term viability remains under cloud, Credit Suisse has said
Vodafone Idea shares jump 9% as Vodafone Group makes about Rs 1,530 cr accelerated payment
• 5 years agoShares of Vodafone Idea Ltd ended over 9 percent higher on Thursday after British telecom giant Vodafone Plc said it has advanced infusion of $200 million (about Rs 1,530 crore) in its Indian joint venture with Aditya Birla Group, that is facing a humongous liability of past statutory dues
Vodafone Group makes Rs 1,530 cr payment to Vodafone Idea under 'contingent liability mechanism'
• 5 years agoVodafone Group on Wednesday said it has accelerated a payment of $200 million (about Rs 1,530 crore) to Vodafone Idea, due in September 2020, under the terms of the "contingent liability mechanism"
DoT issues fresh letter to telcos after Supreme Court rap on AGR dues payment; says no self-assessment to be considered
Fp Staff • 5 years agoThe DoT said that AGR dues calculated by the DoT and submitted to the court would be considered.
AGR dues: Telecom shares crack after SC pulls up Centre, telcos; Vodafone Idea plunges 40%, Bharti Airtel down 5%
• 5 years agoTelecom shares came crashing on Wednesday, led by Vodafone Idea which plunged 40 percent, after the Supreme Court pulled up the Centre and telcos for doing self-assessment or reassessment of the AGR dues fixed by the apex court
SC says self-assessment of AGR dues violation of order; telecom stocks plunge, Vodafone Idea plummets 35%
Fp Staff • 5 years agoHearing the Department of Telecommunications plea, a Supreme Court bench held that no further objections to its orders would be allowed against the Adjusted Gross Revenue (AGR) dues.
DoT's suggestion to give telcos 20 years for AGR payment to help resurrect financially stressed sector: COAI
• 5 years agoThe DoT has raised total demand of around Rs 53,000 core for AGR liability of VIL which included interest, penalty and interest on delay in payment of the amount
Vodafone Idea pays Rs 3,354 cr to govt in AGR dues, claims principal amount fully paid now
Fp Staff • 5 years agoVodafone Idea had pegged its total dues to the government following a Supreme Court order at Rs 21,533 crore—less than half of what the Telecom Department has estimated,
Sunil Mittal asserts Bharti Airtel has made self-assessment, paid full AGR dues of around Rs 13,000 cr
• 5 years agoThe total payout by Bharti Airtel, however, is half of Rs 35,586.01 crore liability estimated by the DoT.
Govt gets Rs 25,900 cr in AGR dues, asks telcos to make full payment; says no plan to set up anti-trust laws to curb cartelisation in telecom sector
• 5 years agoThe minister said the government has "again" directed the operators to make full payments of the AGR dues in a letter dated 4 March 2020.